Derivatives

Early Double Knock-Out Option

August 16, 2022
Derivatives

European Futures Option

August 16, 2022

Share

A provision which is typically attached to a CAPS option, whereby it terminates before expiration date and is settled at the maximum level hit by the underlying index as soon as that index reaches or breaks through a pre-determined outstrike price at any point during the option’s life.

It is alternatively referred to as a trigger option.

Leave a Reply

Related Tags

All Topics in the Letter